Exam (elaborations)
mac2602 assignment 4 2023
- Institution
- University Of South Africa (Unisa)
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MENU Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2602-23-S1 / Welcome Message / Assessment 4
Started on Thursday, 4 May 2023, 9:29 AM
State Finished
Completed on Thursday, 4 May 2023, 10:02 AM
Time taken 32 mins 59 secs
Marks 40.00/50.00
Grade 80.00 out of 100.00
Question 1
Correct
Mark 3.00 out of 3.00
You are given the following information regarding Master Mix Ltd:
Master Mix has 100 000 ordinary shares issued with a nominal value of R1 and a market value of R2,50 per share. They are proposing to
make a 1 for 5 offer for free additional shares to existing shareholders.
REQUIRED:
Determine the effect that implementation of this proposal will have on Master Mix Ltd's statement of financial position figures for issued
share capital and reserves.
(a) Issued share capital will increase by R 20 000, reserves will be unchanged.
(b) Issued share capital will increase by R 20 000; reserves will decrease by R20 000.
(c) Issued share capital will increase by R 50 000; reserves will decrease by R20 000.
(d) There will be no change to capital or reserves because no new finance is raised.
Select one:
a. Issued share capital will increase by R 50 000; reserves will decrease by R20 000.
b. Issued share capital will increase by R 20 000; reserves will decrease by R20 000.
c. Issued share capital will increase by R 20 000, reserves will be unchanged.
d. There will be no change to capital or reserves because no new finance is raised.
, Question 2
Incorrect
Mark 0.00 out of 3.00
MENU
1. Rank the three companies in order of market share value by choosing from the picklist. (First being the highest and third being the
Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2602-23-S1 / Welcome Message / Assessment 4
lowest)
Picklist: Company 1; Company 2; Company 3
Earnings for the year P/E ratio
R million
Company 1 200 6
Company 2 320 5
Company 3 400 3,5
(a) In order- Company 2, Company 3, and Company 1
(b) In order- Company 3, Company 2, and Company 1
(c) In order- Company 1, Company 3, and Company 2
(d) In order- Company 1, Company 2, and Company 3
Select one:
a. In order- Company 2, Company 3, and Company 1
b. In order- Company 1, Company 2, and Company 3
c. In order- Company 3, Company 2, and Company 1
d. In order- Company 1, Company 3, and Company 2
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